Rainer
640,545
Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

Thanks for sharing!

Considering the cost of being a landlord is also rising, I predict that I will also be rising the rates this summer on the homes that I still have by that time.

Mar 11, 2019 03:47 AM #1
Rainmaker
3,889,904
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Bob. Unless you are a sophisticated and diligent investor, home ownership is the best way to accumulate wealth. Enjoy your day!

Mar 11, 2019 04:32 AM #2
Rainmaker
6,210,842
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is good information to share.

Smart consumers are anxious to take advantage of the very attractive mortgage interest rates.

Mar 11, 2019 06:11 AM #3
Rainmaker
4,799,256
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Bob.  Anyone who's planning on staying in the area for more than a few years should consider buying over renting.

Mar 11, 2019 06:45 AM #4
Ambassador
2,166,874
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Hello Bob, Bernie here.  You are right - ownership is still the way to go while mortgage rates are low. 

Mar 11, 2019 09:56 AM #5
Ambassador
3,983,083
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

We are certainly feeling that rental rate increase here in Charlotte as well, Bob. It's definitely the savvy consumer who realizes that you can't build wealth as a tenant!

Mar 12, 2019 05:27 AM #6